Squarepoint Ops LLC Has $106,000 Position in Wisdom Tree Investments Inc (WETF)

Squarepoint Ops LLC lowered its holdings in Wisdom Tree Investments Inc (NASDAQ:WETF) by 40.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,865 shares of the asset manager’s stock after selling 10,555 shares during the quarter. Squarepoint Ops LLC’s holdings in Wisdom Tree Investments were worth $106,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Oregon Public Employees Retirement Fund purchased a new stake in Wisdom Tree Investments in the fourth quarter valued at $294,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Wisdom Tree Investments by 62.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,320 shares of the asset manager’s stock valued at $69,000 after purchasing an additional 3,956 shares during the period. MetLife Investment Advisors LLC raised its position in Wisdom Tree Investments by 51.6% in the third quarter. MetLife Investment Advisors LLC now owns 81,408 shares of the asset manager’s stock valued at $690,000 after purchasing an additional 27,720 shares during the period. Royce & Associates LP raised its position in Wisdom Tree Investments by 77.8% in the fourth quarter. Royce & Associates LP now owns 208,000 shares of the asset manager’s stock valued at $1,383,000 after purchasing an additional 91,000 shares during the period. Finally, Standard Life Aberdeen plc raised its position in Wisdom Tree Investments by 6.4% in the third quarter. Standard Life Aberdeen plc now owns 4,545,279 shares of the asset manager’s stock valued at $38,567,000 after purchasing an additional 272,344 shares during the period. Institutional investors own 71.84% of the company’s stock.

In other news, CFO Amit Muni acquired 13,500 shares of the company’s stock in a transaction dated Monday, February 4th. The stock was acquired at an average cost of $5.99 per share, with a total value of $80,865.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jonathan L. Steinberg acquired 85,000 shares of the company’s stock in a transaction dated Monday, February 4th. The stock was purchased at an average cost of $5.98 per share, with a total value of $508,300.00. The disclosure for this purchase can be found here. Insiders bought 164,500 shares of company stock valued at $982,285 over the last ninety days. Insiders own 14.50% of the company’s stock.

A number of research firms have commented on WETF. Northland Securities restated a “hold” rating and issued a $9.00 target price on shares of Wisdom Tree Investments in a research report on Friday, April 12th. BidaskClub upgraded Wisdom Tree Investments from a “sell” rating to a “hold” rating in a research report on Friday. Zacks Investment Research upgraded Wisdom Tree Investments from a “sell” rating to a “hold” rating in a research report on Saturday, January 19th. ValuEngine upgraded Wisdom Tree Investments from a “strong sell” rating to a “sell” rating in a research report on Tuesday, February 12th. Finally, Citigroup downgraded Wisdom Tree Investments from a “neutral” rating to a “sell” rating in a research report on Monday, February 4th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $8.50.

Shares of NASDAQ WETF opened at $7.86 on Friday. Wisdom Tree Investments Inc has a twelve month low of $5.73 and a twelve month high of $11.82. The company has a quick ratio of 1.74, a current ratio of 1.88 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $1.22 billion, a PE ratio of 24.56, a PEG ratio of 2.95 and a beta of 1.66.

Wisdom Tree Investments (NASDAQ:WETF) last issued its quarterly earnings data on Friday, February 1st. The asset manager reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.02). Wisdom Tree Investments had a net margin of 13.33% and a return on equity of 15.70%. The firm had revenue of $67.90 million during the quarter, compared to analyst estimates of $68.18 million. During the same period in the previous year, the firm posted $0.04 earnings per share. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. As a group, research analysts anticipate that Wisdom Tree Investments Inc will post 0.26 EPS for the current year.

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About Wisdom Tree Investments

WisdomTree Investments, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.

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Institutional Ownership by Quarter for Wisdom Tree Investments (NASDAQ:WETF)

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